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THE HAYS FREE PRESS, HAYS, KANSAS.
AMERICA'S DUTY AND WORLD j RESPONSIBILITY j Last week the American Bankers' I Association met in New" York City) and issued world economics and j America's duty and responsibility. ; Resolutions touching these important j matters were adopted. .Briefly, the essential recommendations are: 1. That the administration con- sider the advisability of promptly: making its representative" on the re-' paration commission an official of that body;" 2. That Congress extend the powers of the Debt Refunding Com mission so that it can negotiate more ; effectively with the foreign nations ' owing money to the United States: i 3. That the adminisration form-! ulate the principles on which it can co-operate in rehabilitating Europe. ! What is America's duty and re- j sponsibility in world economic af-1 fairs? Can economic problems be se- J gregated from political problems, in ! (41 view of the present temper of Eu-J rope? ! The aggregate debts of the nations 1 of Europe engaged in the recent ' World War reach gigantic propor-' tions. They are counted in billions j of dollars on a pre-war basis; yet how few stop to consider what a billion ; dollars mean? I These debts were incurred in a des- i perate struggle between the' central j powers and the allies to gain the as-, cendancy in economic power, political authority and world trade. When-; ever any one of these nations found I itself short of funds to pay war exi penditures, resort was had to the j printing press and irredeemable paper j money. Today it is estimated that the vol- j ume of paper money in Europe ex- ; ceeds three hundred billion dollars j (on a pre-war gold basis), not count- ; ing the thousands of billions of Rus- j sian rubles, worth nothing, in gold, j A German paper mark, and an Aus- j triaa paper kronen have shrunk to al- most nothing in gold value while a ! French or Belgian franc and an Ital-! ian lire are badly discounted. ; Obviously, this state of affairs dis turbs the credit and trade of the world, and makes international ex change worse than a gamble. Busi ness cannot be conducted between men or nations while the unit of mon etary measure is varying daily or dropping to little or nothing in ex- : change gold value. ' What is America's duty and re-' sponsibility? The various European j allies owe each other vast sums of j money, while their combined debt to the United States is something like $12,000,000,000. How to handle this debt and at the same time serve the interests of the United States as well as the world, is the -biggest problem of the times. What has the United States done already to help Europe? Incurred a debt of some $24,000,000,000; sent two million armed soldiers to France; spent billions in a merchant marine to transport troops and munitions "of war to Europe; purchased on private account between seven and nine bil lions of dollars' worth of European securities, before and since the armi stice, thus investing more American capital in European enterprises than in American enterprises; sent many millions of dollars' worth of food and clothing to alleviate hunger and suf fering. "America's generosity has transcended anything of a similar na ture in all -the world's history. Yet some talk about America's selfishness and aloofness! America has per formed her duty and fulfilled her re sponsibility, in so far as world brotherhood and Christian help are , concerned. But some want more than this; they want all the debts wiped out or largely reduced, including the debts due the United States. The Amer ican people are divided into two camps one favoring wiping, out the war debts, including the $12,000,000, 000 owing the United States, the other strenuously opposing any can cellation or reduction of the debt. The one faction argues that the nations "of Europe (with the excep tion of Great Britain), cannot pay the debts; that the gold standard never can be restored to Europe; that any attempt to collect the debts will not " only injure American industry, but force the crippled nations still further into bankruptcy. The other faction argues that the war was Europe's -war; that we have done our own part, and that we can not bear the burden of colossal war debt unless relieved by what Euro pean nations owe us. Involved in this tremendous ques t ian, is the" willingness of many pri- vate American creditors to undertake the collection of their debts from Eu-' rope by admitting foreign competitive products, with no import duty at all, or with a nominal duty. These peo ple join with certain British news papers in denouncing a protective tariff for the United States on the ground, Torsooth, that they may not heebie to collect what is owing them frSm Euros. - . - Coxstj ii tae Presidtat have created a Debt Funding Commission with power to exchange I. O. U.'s for long-time bonds; but the -obligation of one country cannot be exchanged for the, obligation of another; and no part of the debt can be. cancelled. This last restriction would seem to settle the question- of cancellation so far as the United States is concerned, unless the powers of the Dfrbt Fund ing Commission are enlarged by Con gress. Obviously, the greatest peril, con nected with the entire problem of in ternational debt adjustment is inter national political complications. To avoid these snares the United States kept out of the League of Nations, out of official activity in reparations and out of all European politics. Until the international atmosphere clears and European nations devote more time to production and less to politics and political jealousy, it will be wise for the United States to stand pat and attend to its own press ing problems. This is America's duty and re sponsibiliy. Ex. THE POLITICAL SITUATION Wellington, Oct. 20. "Taxes will be reduced in Kansas if I am elected Governor," was the statement made by W. Y. Morgan, Republican candi date for this office, at his meeting here today. "Everywhere I go I nnd that people are interested in this subject, and I am glad to have a chance to make a definite statement to the voters." "When I was a candidate in the Primary Fpledged myself to. a reduc tion in state expenditures, and enough people believed that I meant what I said, and could redeem the pledge to nominate me. I shall most certainly keep faith with them. "Kansas is doing business on a sys tem that is more than sixty years old. We need a budget system that will put the Sate on a scientific business basis. That is the way to save tax money, for it will eliminate useless boards, prevent overlapping appropri ations, and run expenditures through one office, so that extravagance or un reasonable prices may be detected. "A Republican administration has reduced your State tax. levy for next year from 2.235 mills to 1.66 mills. That is a" substantial saving, and it seems to me that with a tax reduction like this already accomplished, and further saving in sight, it is a poor time to switch horses." Topeka, Oct. 21.- Standing square ly upon the platform upon which he was nominated, and which was adopt ed as the Republican platform by the Party Council, W. Y. Morgan is carry ing his message into every county in the State. One of the charges recent ly -made against him is that he is an advocate of hard surface roads. Here is the record. On August 3, before the Republican platform, was adopted, in a signed editorial in the Hutchinson News, .Mr. Morgan said: "I am not in favor of hard roads in any county where the people of that county themselves do not want them. I am not in favor of sending a lot of money to Topeka for disbursement, but think it should be handled by the commissioners of each county under business regulations. To put my road position .fairly, I will say that I believe the people who pay for the roads ought to have the right to say whether they want rock roads, gravel roads, dirt roads, or whatever other kind of roads are fashion able in that' locality." On August 29th the Party Council met at Topeka and Mr. Morgan was chairman of the committee which wrote the Party platform. Onthe subject of roads the Republican plat- Mew J . gf5V - ' 1 Y ,i .1 munwn "" cgtv;: ne nays ury mow; mims form says: "The great size and varied condi tions of Kansas make it difficult to have a road law which meets the changes required. A road necessary for the needs of Wyandotte cannot be afforded or even thought of in Mor ton. The people of each county should have the right to decide the kind of roads that are best suited to their needs and are within the limit of their means. In other words the peo ple who pay the taxes should have the right to say the kind of a road for which those taxes shall be expended. We favor such legislation as will in sure retaining in the respective coun ties such funds as may have accumu lated from automobile license fees or that may accumulate therefrom." No voter should have any trouble in understanding the Republican posi tion on the road issue. Put in the Kansas language it means that every county under Governor Morgan will have the right to say what kind of roads they want, or to get along without any permanent road program if they so desire. ' -.(First published in the Hays Free t Press. October 12, 1922.) 1 ROAD NOTICE' State of Kansas, Ellis County, ss. Office of County Clerk Hays, Kansas, Sept. 20, 1922. To Whom It May Concern: j Take Notice. That a legal petition signed by L. D. Reynolds, by C. W. Reeder, his attorney, and other 4 Householders of BigXreek Township, in said County, has been presented to the Board of County Commission ers, praying .for the location of a road, as follows, viz: ! Beginning at a point on the north - line of section 32-13-18, 260 rods I more or less west of the northeast : corner of section 32-13-18, thence j east on the north section line of sec tion 32-13-18, 260 rods, more or less, ! to the north east corner of section 32- 13-18. And that said Board appointed John Jacobs, Frank Atwood and Joe Goetz, Viewers, who will meet at the HniuuuuuuiiimiuiiiiiuwHiuntiuiiautuiinuuiiiiuiiiiuuinmniiiiiuiiiuiiiiiinmiuiiuiiiiiuiiiu I i Abstracts Loans i I THE ELLIS COUNTY 1 ABSTRACT &LOAN CO. f !j F..S. Wasinger, Prop. Hays, Kansas. - 1 Real Estate In'urance I mn!iumMmuiiu;Lnumiuuuuiui:u:iaMiuummuHtiiiiunm;:niii:iiuiitH!iiJiiuiiiiiiiiiiim;d5 TF If so; perhaps eye strain is the cause. Properly fit ted Glasses will releive this . W. F. CZESKLEEA Registered Optometrist At the Hays City Drug Store - Wlmat IS GIVING FINE SATISFACTION place of beginning of said road, as petitioned for, on the 25th day of October, 1922, and proceed to view said road as the law directs, at which time and place all persons interested may attend and have a hearing. In case said Viewers fail to meet on the day designated they-may meet on the following day, as provided by law, without further notice. BY ORDER OF THE BOARD OF COUNTY COMMISSIONERS. WITNESS my hand and official seal of said Countv, this 2nd dav of October, 1922. M. A. Basgall, (L S) County Clerk. 1 BUSINESS CARDS REA & FLOOD Attorneys-at-Law Office over Citizens State Bank Phone 129 - Hays, Kansas DR. H. El NEI$WANGER Dentist Citizens State Bank Bldg. Phone 294 DR. JOSEPH F. DREILING DENTIST J. S. Dreiling's Building Victoria, - - Kansas J. R. BETTHAUSER, M. D. Physician and Surgeon Successor to Geo. P. Hemm OfSce Phone 485 Res. Phone 257 DR. O. A. H EN N ERICH Eye, Ear, Nose and Throat 106 East Juniata Street Hays, - - Kansas DR. CHAS. F. LITTLE Physician and Surgeon Office in Wiesner Building Office Phone 240 Res. Phone 283 T7T7 die? r torn3 GRAIN, LIVESTOCK, LANDS Insurance and Loans . !' If you need anything W. J. MADDEN GOVERNMENT BONDS BOUGHT AND SOLD Quality Groceries The people of this community, are so discriminating in their tastes that nothing but the best will satisfy fhem. Our Groceries are above the average and are sure to please. J..B. BASGALL HAYS, KANSAS osiI " is- Csislu Owing to the present financial conditions, we find it m rJ necessary to conduct our coal business on a strictly cash E? basis. We are putting forth every possible effort to get t coal, and we are getting it, but must pay spot cash and j therefore we must sell. for cash. 1 H ni tt rnAT ...:n l. il. i . . s-km ot-t- l-i wvssx win uz uic VICE the best we can render. Citizens Lumber & Supply Company PHONE 537 . Hays City Transfer Line The best Dray and Transfer Service in the City. Phone 18. P. F. FELTEN HAYS, - - - KANSAS - Isaac Zeigler k Bbh - Fresh and Salt Meats Groceries and Coal A Fresh Line of Groceries always on hand. Also Fruits and Vegetables in Season. Free.E)elivery. Phono 13 - Hays, . ScInroMsF's Emm DEALERS IN umber, Shingles, Lime. BARBED WIRE TT A 'O in the above lines, see cJ t3 ucsi we can gci, uuft OIL is.- j i I n 11 t I I f n i f i Si f-1 H i ? r i i' i -